Category : Finance

Finance Fintech News

Financial Advisor Thomas Mains Joins UBS Private Wealth Management in Atlanta, GA

Fintech News Desk
Mains joined the UBS Southeast Market, managed by Lane Strumlauf, and will be located in the firm’s Atlanta, Georgia Private Wealth Management office. UBS Private Wealth Management today announced that Thomas (Tom) Mains has joined the firm as a Financial Advisor. He joins the UBS Southeast Market, managed by Lane......
Artificial Intelligence Finance Fintech News

Hapax Launches; Touts Unprecedented AI For Financial Services

PR Newswire
The product is currently being tested with beta partners. Early users report the tool becoming an instant companion, relying on it for multiple hours each workday and often asking it dozens of questions. Today, Hapax launched unprecedented financial services AI to market. Trained on 13 years of proprietary data, the AI delivers......
Finance News

Recurrent Energy Secures €110 Million Multi-Currency, Green Loan Facility from Investec Energy and Infrastructure Finance UK

PR Newswire
The funding will support Recurrent Energy in the execution of its global solar PV and energy storage project pipeline, as it transitions to become an independent power producer (IPP) and accelerates its growth strategy. Recurrent Energy, a subsidiary of Canadian Solar and a global developer and owner of solar and energy......
Finance Fintech News

Brim Financial Secures $85 Million in Series C Funding to Fuel Global Expansion

Business Wire
This financing will fuel Brim’s U.S. expansion strategy, including extending its market reach, accelerating product development, and forging strategic alliances. Brim Financial (“Brim”), a leading fintech infrastructure company transforming the credit card platform and payment automation space, today announced the closing of an $85 million Series C funding round on......
Banking Digital Payments Finance Fintech

Synovus introduces Accelerate Pay for business payments

Business Wire
The solution offers payees the freedom to choose how they want to get paid, with check payments and e-checks still an option. Synovus has launched AccelerateTM Pay, a new payment solution that enables commercial banking clients to initiate account payable payments in several different payment types while minimizing the use......
Finance Fintech News

Top Ten Payments Companies Processed $9.5 Trillion in 2023 Payment Card Volume

Business Wire
The top five players processed an estimated $7.5 trillion in card volume in 2023. All five players have a strong bank sales channel, as they are either bank-owned or have bank partners/clients from other areas of their business. TSG (The Strawhecker Group), a globally recognized analytics, intelligence, and solutions-focused firm......
Artificial Intelligence Finance Fintech News

Higgsfield AI Secures $8M in Seed Funding to Unlock Personalized AI Video Creation

Business Wire
The new funding round marks a significant milestone in Higgsfield AI’s mission to bring video AI generation and editing into the mainstream with its proprietary video model. Higgsfield AI, a startup focused on democratizing social media video creation, today announced $8 million seed funding led by Menlo Ventures. “After leading......
Finance Fintech News

SecurityScorecard Threat Research: 21% of S&P 500 Companies Reported Breaches in 2023

Business Wire
The new S&P 500 Cyber Threat Report details emerging trends and strategies for Chief Information Security Officers (CISOs). According to the latest threat research from SecurityScorecard, 21% of S&P 500 companies experienced breaches in 2023. The new S&P 500 Cyber Threat Report details emerging trends and strategies for Chief Information......
Finance Fintech News

Economic Uncertainty Isn’t Stopping Canadians From Planning Major Purchases in 2024, According to New Survey

Business Wire
Younger generations were more likely to plan a major purchase this year, with 94% of Gen Z and 90% of Millennials planning to do so, compared to 82% of Gen X and 72% of Baby Boomers. At a time when many reports seem to indicate that Canadians are tightening their......
Finance Fintech News

Tally Launches Credit Card Debt Management Platform For Partners

Business Wire
With the launch of Tally’s credit card debt management platform, Tally will sunset its direct-to-consumer loan portfolio; the Tally Line of Credit will now be offered through its partner network. Tally, a fintech startup known for helping people diligently pay down their credit card debt, today announced the release of......
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